Has Obama really helped to improve the economy?

Discussion in 'Politics' started by ShaklesOfBigGov, Apr 26, 2012.

  1. ShaklesOfBigGov
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    ShaklesOfBigGov Restore the Republic

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    With unemployment numbers still increasingly higher since he first took office, many Americans are finding themselves struggling to now earn the incomes they once had (see our nation's UNDERemployment figures). The cost of energy also is going up, while the push for a new GREEN policy has yet to find a place and take off among many of the nation's consumers. This has only furthered Obama's stubborn resolve to invest more taxpayer dollars into alternative energy corporations, while pushing regulations to cripple those companies that choose to maintain the course of using fossile fuels.

    With the economy stagnant and still struggling to recover, as well as facing a huge government spending debt to try and pass the blame on, the real question emerges: Is Obama really concerned about jobs, or with the attempt to steer his Titanic to change the face of America to a radically new direction, where left-wing ideology rules with an iron fist?



    Wtih regard to coal:

    As of 2008, coal fuels about 50 percent of US electricity production and provides about a quarter of the country’s total energy.

    Then there's the rejection by Obama and the left of the Keystone pipeline, siting unemployment extensions creates more jobs. Has the administration really fought to put Americans back to work, or is he using his Presidency as a bully platform to dictate what Americans must be willing to accept dispite the effect it may have to a crippling economy?
     
  2. Flaylo
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    Flaylo Handsome Devil

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    A thread that uses begging the question, a sure sign of trolling.
     
  3. editec
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    editec Mr. Forgot-it-All

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    Has the economy improved in the last 4 years?

    There's your answer, kid.

     
  4. SniperFire
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    SniperFire Senior Member

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    [​IMG]
     
  5. billyerock1991
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    billyerock1991 Gold Member

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    to pay down the debt you don't cut taxes
     
    • Thank You! Thank You! x 2
  6. SniperFire
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    SniperFire Senior Member

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    Economics is clearly not your long suit.

    How's that hopey changey thingy workin out for ya?
     
  7. Mr. Shaman
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    Mr. Shaman Senior Member

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    :eusa_whistle:
     
    Last edited: Apr 26, 2012
  8. Rocko
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    Rocko Gold Member

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    Do you really think Obama's going to pay down the debt with all that so-called extra tax revenue??

    Every idea he has, from his jobs bill, to competing with China for green energy-lmao, he's all about raising taxes and spending more.
     
  9. billyerock1991
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    billyerock1991 Gold Member

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    its working fine ...
    and economics is clearly not your forte ... explain to us rocker scientist how do you pay for something by taking money away from it ... we all need a good chuckle, chuckles the repub-lie-clown:lol:
     
  10. SniperFire
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    SniperFire Senior Member

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    I'll try to dumb it down for you. Wish me luck.

    We can only extract about 16.5% of GDP in taxes from the economy on an ongoing basis.

    Attempt to extract more than this in higher tax rates, and the economy shrinks
    to where your new tax rates net .... 16.5% of GDP, on average.

    This is known as Hauser's Law.

    So what is a government to do if it needs and wants more tax dollars?

    You grow GDP. This is the only way, as Hauser's Law, Laffer curve, etc. prove.

    And you grow GDP by unleashing private sector economic activity, which is why pols - even often recalcitrant Democrats - look to tax cuts.

    See, dumbfuck, we can grow our way out of debt by growing GDP, but this can only be done if SPENDING increases do not outpace growth in the tax base.
     

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